Although it's based on a high-tech digital currency that's less than a decade old, the Winklevoss Bitcoin ETF will strike many investors as familiar. That's because its creators – twins Cameron and Tyler Winklevoss — modeled it on the popular SPDR Gold Trust (NYSE Arca: GLD).

Shares offered by the Winklevoss Bitcoin Trust will be backed by Bitcoin held by the trust, just as the SPDR Gold Trust backs its shares with physical gold.

The main difference between the two is that the commodity upon which the Winklevoss ETF is based is digital, not physical.

The Winklevoss Bitcoin ETF Could Deliver Gains of Up to 1,450% by 2025

The amount of gold held by the trust soared from about 100 tonnes in November 2004 when it launched to more than 1,350 tonnes in December 2012. The infusion of money invested in GLD helped drive gold prices from $400 to $1,800 over that span.

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Interest in the Winklevoss Bitcoin ETF is expected to be very high. Spencer Bogart, head of research at venture-capital firm Blockchain Capital, believes the ETF will attract $300 million in its first week, likely causing the Bitcoin price to double.

And Bitcoin price predictions for the next few years have it reaching $3,000. Wedbush Securities has forecast a Bitcoin price of $17,473 by 2025 – a gain of more than 1,450% from the current price.

Some Bitcoin price predictions go as high as $1 million, but that will only happen if the digital currency is adopted for one or more uses requiring massive scale, such as a global reserve currency.

That vast potential makes buying the Winklevoss Bitcoin ETF worth considering, even when you account for possible risks. The debate over how best to expand the Bitcoin network's transaction capacity, for instance, could cripple the digital currency.

In that event, Bitcoin would lose most of or all of its value.

But that's not likely. At this point, too many people and institutions have invested too much time and money into the Bitcoin ecosystem to allow that to happen.

Buying the Winklevoss Bitcoin ETF, then, is essentially a bet on the success of Bitcoin. It's a bet in which the reward far outweighs the risk.

That's because the rationale behind those huge gains in the Bitcoin price is grounded in tried-and-true financial principles.

With Bitcoin's tremendous potential, some proponents believe its price could rise to $10,000, $100,000 or even $1 million over the next decade. With returns like that, even a modest investment of $500 or $1,000 could turn into the payoff of your life. Here's everything you need to know to get started... Enter your email below to get the report.

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